The headlines were salacious, the scandal was set. This was going to be the water-cooler story of the week.
27 year-old Erik Novak from British Columbia paid out a record-breaking $330,000 (USD) for a digital space station. Let that sink in for a moment.
A digital space station.
In a video game.
Perhaps even better than all the jokes you and I could write all day was the argument from the company that this was a sound investment.
First Planet Company created “Entropia Universe” and then the “Planet Calypso” massively-multiplayer online videogame to act and feel like a real economy. It has a bank in Sweden with an ATM card and an exchange rate of 10 videogame “PED”s to $1 USD.
Blah blah blah, where’s the investment angle?
Apparently, the company says that this virtual space station will return investment within two years. Unreal! (literally) Apparently, he’ll make the money back by generally conducting the video game’s business like selling virtual ammunition, repairing virtual goods, and taxing virtual hunting parties for virtual monsters.